Hong Kong woman duped out of HK$1 million by fake AI investment app

    Hong Kong woman duped out of HK$1 million by fake AI investment app

    A Hong Kong woman has lost more than HK$1 million (US$127,636) after being lured into a fraudulent cryptocurrency scheme disguised as an artificial intelligence-powered trading app, with police reporting that over 70 similar scams had been recorded in the past week alone, resulting in total losses exceeding HK$50 million. Details released on the police’s CyberDefender…

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    The Instagram, Facebook, and WhatsApp apps can be seen on a smartphone display in front of the logo of the internet company Meta. Jens Büttner/dpa

      China blocks AI start-up’s deal with Meta

      The Instagram, Facebook, and WhatsApp apps can be seen on a smartphone display in front of the logo of the internet company Meta. Jens Büttner/dpa China has blocked the takeover of the AI start-up Manus by the US tech giant Meta. China’s National Development and Reform Commission announced on Monday that the authority responsible for…

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